Brothern Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the most recently completed year appear below:

Estimates made at the beginning of the year:
Estimated machine-hours		41,000
Estimated variable manufacturing overhead	$	5.21	per machine-hour
Estimated total fixed manufacturing overhead	$	1,228,770
Actual machine-hours for the year		37,600

The predetermined overhead rate for the recently completed year was closest to:

Multiple Choice

• $34.75 per machine-hour

• $35.18 per machine-hour

• $5.21 per machine-hour

• $29.97 per machine-hour